Scout was founded in 2009, and worked on an advisory basis to mid-sized operators and funds, evaluating over $1 billion in assets in the first 24 months and completing over $60 million in transactions.
From 2009-2011 Scout founders worked together to establish the blueprint for the fund investment strategy, growth plan and proprietaty sourcing process.
In 2011 Scout initiated its first direct investment fund for institutional investors. Fundraising was completed in 2012.
By 2014 Scout had established operations in Texas, Kansas, and Oklahoma through 20 acquisitions and had grown to 45 headquarters and field staff.
In 2014 Scout completed fundraising for Scout II.
In 2016 Scout completed investing Scout II, adding to operations in Texas and establishing new operations in Montana.
In 2016 Scout also completed fundraising for Scout III.
In 2017 the firm completed investing Scout III, adding to operations in Texas and Kansas, and establishing operations in North Dakota.
In 2018 Scout has grown to over $1.2 billion in acquisitions, producing over 70,000 boepd from 600+ mmboe of reserves. Today the Scout team employs over 450 headquarters and field staff.